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Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency


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Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local CurrencyThe Economic Intelligence Unit has stated that the Central Bank of Nigeria cannot halt the rapid depreciation of the local currency. The continued volatility of the naira is expected to result in erratic regulation, primarily affecting businesses that hold foreign exchange. Nigeria Presses Ahead With Reforms The Economic Intelligence Unit (EIU) has stated that the […]

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